Earnings Per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 23. EARNINGS PER SHARE

The following table is a reconciliation of earnings to earnings attributable to common shares used in our basic and diluted EPS calculations for the three and nine months ended September 30, 2019 and 2018. Earnings per share (“EPS”) components may not add due to rounding. 

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Earnings from continuing operations	$	90.7		$	64.2		$	190.8		$	153.0
Earnings allocated to participating non-vested share awards		(0.2	)		(0.2	)		(0.4	)		(0.5	)
Earnings from continuing operations attributable to common shares	$	90.5		$	64.0		$	190.4		$	152.5

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the three and nine months ended September 30, 2019 and 2018 (shares in millions):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Basic shares outstanding		48.7		50.7		48.8		51.9
Dilutive effect of common stock equivalents		0.8		1.2		0.8		0.9
Diluted shares outstanding		49.5		51.9		49.6		52.8

Anti-dilutive stock awards excluded from the computation of diluted EPS for the three and nine months ended September 30, 2019 were 549 and 10,313, respectively. There were no anti-dilutive stock awards excluded from the computation of diluted EPS for the three and nine months ended September 30, 2018.